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Blencowe Resources Plc (LSE: BRES) is pleased to report the final set of assay results completed from the 87 shallow holes drilled at the Iyan deposit, part of the Company’s Orom-Cross Graphite Project in Uganda. These results represent the third batch from the Stage 7 drilling programme, with results continuing to exceed expectations and supporting the imminent maiden JORC resource estimate for the Iyan deposit, which will increase the overall Orom-Cross resource base. This maiden JORC resource will represent the first formal resource estimate for Iyan and further strengthen Orom-Cross as a multi-deposit graphite project.

This final batch completes the Stage 7 drilling programme at Iyan, providing the last data required for the maiden Iyan JORC Resource estimate, expected shortly.

Iyan forms the western extension of the Northern Syncline graphite system and is being advanced as a bulk blending deposit intended to provide consistent, near-surface, high tonnage graphite feed to support long-life, low-cost production. Results at Orom-Cross continue to demonstrate that the bulk mineralisation at Iyan is accompanied by repeated higher-grade zones, providing flexibility within mine planning for blending and supporting overall project value.

These latest shallow holes were drilled to approximately 30 metres depth, deliberately selected to define near-surface mineable material rather than test geological limits. Mineralisation was intersected from surface in most holes, with several ending in mineralisation, indicating potential for continuation below the current drilling depth. This is consistent with all previous results at Iyan. The northern area highlights some barren intrusions in the upper areas but also indicates strong grade intercepts at depth below the barren overlying materials.

Iyan Drilling – Highlights

  • Final assay batch drilling results continue to exceed expectations and support imminent maiden JORC resource estimate for Iyan, increasing the overall Orom-Cross resource base
  • Thick, laterally continuous near-surface graphite mineralisation confirmed
  • Multiple intercepts of >30m from surface, with several holes ending in mineralisation
  • Iyan will be developed as a bulk blending deposit, supporting efficient, low-strip mining
  • Higher-grade zones persist within bulk mineralisation, enhancing blending flexibility
  • Results support near-term resource growth, larger-scale development and ongoing funding and offtake discussions
  • Southern drill lines indicate potential extension of mineralisation toward the Northern Syncline hinge

Selected Significant Shallow Intercepts – Iyan Deposit

(Selected downhole intervals; mineralisation from surface unless stated otherwise)

  • NSDD-L103: 15.64m @ 10.13% TGC, including 5.02m @ 14.42% TGC and 1.00m @ 18.37% TGC
  • NSDD-L307: 9.44m @ 11.42% TGC, including 4.00m @ 15.96% TGC and 1.00m @ 18.89% TGC
  • NSDD-L508: 13.71m @ 8.26% TGC, including 4.01m @ 11.00% TGC (ended in mineralisation)
  • NSDD-L503: 10.72m @ 8.18% TGC, including 3.06m @ 12.37% TGC
  • NSDD-L408: 9.60m @ 8.95% TGC from surface, including 2.50m @ 13.76% TGC
  • NSDD-L402: 10.00m @ 7.96% TGC, including 4.00m @ 10.82% TGC

These results are consistent with the broader Orom-Cross system and support mine planning and the bulk blending strategy, reinforcing the scale and continuity ahead of the maiden Iyan JORC resource estimate.

JORC Update Q1 2026

The final assay results are now being validated and modelled by the independent geological consultants, Minrom, and are expected to deliver the maiden JORC resource estimate for Iyan in Q1 2026. This will increase the overall Orom-Cross resource and support ongoing funding and offtake discussions as they continue to advance.

Beehive Drilling Results Pending

In parallel, substantial assay results at the nearby Beehive deposit remain pending. Earlier deep drilling returned very strong grades at depths of up to approximately 100 metres. Assay results from the completed shallow drilling programme at Beehive, comprising approximately 110 holes drilled to approximately 30 metres depth, are expected to be reported regularly in batches and are anticipated to further contribute to overall Orom-Cross resource growth, with a maiden JORC resource estimate for Beehive expected to follow.

Blencowe Resources Executive Chairman, Cameron Pearce commented:

‘These further great results from Iyan continue to exceed our expectations. We are seeing thick graphite from surface, strong grades, and excellent consistency across the deposit, which is exactly what we need as we build scale at Orom-Cross.

With the maiden Iyan JORC estimate now imminent, these results clearly demonstrate the size and quality of the resource. This is particularly important as we progress funding discussions, as it reinforces the long-life, large-scale development potential of Orom-Cross.

The maiden Iyan JORC will mark another important step in demonstrating the full scale of Orom-Cross.

Importantly, we still have significant upside ahead. Many holes continue to end in mineralisation, and Beehive drilling results remain to come, which we expect will further strengthen the overall resource base.’

Iyan Deposit – Key Drill Results

Figures 1-2: Iyan Deposit drill sections showing thick, continuous graphite mineralisation remaining open at depth, remaining sections 1-5, 7, and 9

A collage of graphs and charts Description automatically generated

For further information please contact:

Blencowe Resources Plc

www.blencoweresourcesplc.com

Sam Quinn (Director)

Tel: +44 (0)1624 681 250

info@blencoweresourcesplc.com

Sasha Sethi (Investor Relations)

Tel: +44 (0) 7891 677 441

sasha.sethi@blencoweresourcesplc.com

Tavira Financial (Joint Broker):

Jonathan Evans

Tel: +44 (0)20 3192 1733

jonathan.evans@tavira.group

Oak Securities (Joint Broker):

Calvin Man /Mungo Sheehan / Jerry Keen

Tel: +44 (0)20 3973 3678

Twitter

Tweets by BlencoweRes

LinkedIn

https://www.linkedin.com/company/72382491/admin/

Map 1: Showing the 4x Orom-Cross deposits, including Camp Lode, Northern Syncline, and new Iyan (NS western limb) and Beehive (GT 01a) deposits.

A map of a city AI-generated content may be incorrect.

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Tartisan Nickel Corp. (CSE: TN,OTC:TTSRF) (OTCQX: TTSRF) (FSE: 8TA) (‘Tartisan’, or the ‘Company’) is pleased to provide an update of the Company’s flagship Kenbridge Nickel-Coppet-Cobalt Project. The drill program is designed to test the on strike and down dip potential for additional nickel sulphide mineralization to enhance the size and grade of the Kenbridge Deposit.

A total of 3,350m of drilling has been completed to date. The first 4 drill targets have been completed (drill holes KB26-207, KB-208, KB-209 and KB-210 outlined on Figure 1). Samples have been delivered to AGAT Labs in Thunder Bay for analysis. Assays are pending for hole KB26-210. The drill rig is currently drilling the 5th drill hole KB26-211. This hole is designed to be drilled below the existing shaft bottom to test for the depth extension to the deposit.

Reported in this release are the results from the 3rd infill drill hole KB26-209. Results from the hole confirm both A and B zones were intersected as outlined in the Table 1 below. Zone A was intersected from 823.6 to 825.0m drill depth and returned 0.31% Ni, 0.26% Cu over 1.4 metres. Zone B was intersected from 862.5m to 865.5m drill depth. Results were 2.17% Ni, 1.45% Cu over 3.0 metres. Drill core intersection widths are estimated to be between 65 and 80% true width.

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Fig 1: Long section of Kenbridge deposit showing drilling targets. Completed or holes in progress are outlined in red circles

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Mark Appleby, CEO of Tartisan Nickel Corp stated, ‘We continue to see high grade intercepts from our Phase 1 drill program at the Kenbridge Nickel-Copper-Cobalt Project.’ ‘Intersecting 3 metres of 2.17% Ni and 1.24% Cu confirms continuity of significant nickel-copper mineralization in this part of the system. These previous results should strengthen our ability and confidence to potentially upgrade our resource and in the projects over all potential to deliver meaningful value for stakeholders.’

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Table 1: Highlight intervals (* denotes hole reported in this release)

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The Kenbridge Property is located in the Kenora Mining District, Sioux Narrows, Ontario, Canada with all-season access. The Kenbridge Deposit has an existing shaft to a depth of 2,042 ft (622 m), with level stations at 150 ft. (45 m) intervals below the shaft collar and two levels developed at 350 ft (107 m) and 500 ft (152 m) below the shaft collar.

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Surveyed Hole Locations (Coordinates in UTM zone 15)

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Qualified Person

The technical information in this news release has been prepared in accordance with Canadian regulatory requirements as set out in NI 43-101 and reviewed and approved by Dean MacEachern, P. Geo., an Independent Consultant to the Company and a Qualified Person as defined by NI 43-101.

QA/QC

Sample QA/QC procedures for Tartisan have been designed to meet or exceed industry standards. Drill core is collected from the diamond drill and placed in sealed core trays for transport to on-site sampling and core cutting facilities. The core is logged and samples taken from 0.3m to a maximum sample length of 1.5m. The core samples are split with a diamond blade saw with continuous running water, half of the sample is sent for lab testing, and the remaining half core is left in the core box for record or further sampling. The core samples are bagged in heavy plastic bags with 6 samples being placed into a rice bag for transport to AGAT Laboratories in Thunder Bay, ON or Calgary, AB for assay. Samples are submitted in batches of 50. 100g blind certified reference materials (CRMs) from CDN Resources, as well as, duplicates and blank samples are systematically inserted by the Company into the sample stream with reference to the mineralization in the sampled rock and analyzed as part of the Company’s quality assurance/quality control protocol, as well, AGAT labs implements their own quality control testing by inserting their own CRMs and Blanks in the sample stream for accredited testing.

All drill core samples were prepped and analyzed at AGAT Laboratories in Thunder Bay, Ontario or shipped to Calgary for testing. An ISO/IEC 17025 2017 certified independent laboratory from organizations like the Standards Council of Canada (SCC), the Canadian Association for Laboratory Accreditation (CALA), ANSI National Accreditation Board (ANAB) and the American Association of Laboratory Accreditation (A2LA). They maintain accreditations across their facilities in Alberta, Saskatchewan, Ontario, Nova Scotia, Newfoundland, Quebec and internationally.

NQ-diameter sawed half-core samples from the drilling program were securely sent by Tartisan Nickel Corp’s geologists to AGAT Laboratories Ltd. (AGAT), with sample preparation in Thunder Bay, Ontario, and analysis in Thunder Bay, Ontario & Calgary, Alberta. Samples were processed for Au, Pt and Pd analysis by 50-gram fire assay with ICP-OES finish and for four acid digestion, multi-element analysis by inductively coupled plasma & mass spectrometry (ICP OES + MS). AGAT sample preparation and laboratory analysis procedures conform to requirements of ISO/IEC Standard 17025 guidelines and meet the requirements under NI 43-101 and CIM best practice guidelines. AGAT Laboratories is independent of Tartisan Nickel Corp.

Samples were dried and crushed to 2 mm, from which a 250 g sub-sample split was then pulverized to 85% passing a 75 micron sieve. Following preparation, assays were determined by the ICP OES method. A 0.25 g aliquot of the prepared pulp was digested in a 4-acid solution consisting of hydrochloric, nitric, perchloric and hydrofluoric acids. 4-acid is a near total digest and only the most highly resistant minerals are not dissolved. The resulting solution was analyzed via ICP-MS and ICP-ES for 8 elements and was corrected for inter-element spectral interferences. Lower detection limits for this procedure are 0.01 ppm for nickel, 0.01 ppm for copper, 0.01 ppm for cobalt, 0.01 ppm for platinum, 0.01 ppm palladium, 0.01 ppm silver and 0.01 ppm for gold.

Samples with initial results beyond the upper detection limit of the ICP OES method were analyzed by (201-071) 4 acid digest – Metals Package, ICP-OES/ICP-MS finish (CGY). The thresholds are >1% for nickel, copper and cobalt. AGAT Laboratories employs internal quality control standards, duplicates and blank samples at set frequencies. Tartisan Nickel Corp. stores all its drilled core on-site and takes pride in its facilities and strives for excellence in its QA/QC procedures.

Additionally, Tartisan Nickel Corp. will be at PDAC 2026 March 1st to 4th 2026 hosting Booth 2633. We welcome everyone to come and learn more about Tartisan and our 2026 initiatives.

About Tartisan Nickel Corp.

Tartisan Nickel Corp. is a Canadian-based critical minerals exploration and development company which owns, the Kenbridge Nickel-Copper-Cobalt Project near Sioux Narrows, Northwestern Ontario, the Sill Lake Silver Project near Sault Ste. Marie, Ontario as well as the Night Danger Turtle Pond Project near Dryden, Ontario.

Tartisan Nickel Corp. (CSE: TN,OTC:TTSRF) (OTCQX: TTSRF) (FSE: 8TA) common shares are listed on the Canadian Securities Exchange. Currently, there are 152,215,641 shares issued and outstanding (156,287,356 fully diluted).

For further information, please contact Mark Appleby, President & CEO, and a Director of the Company, at 416-804-0280 (info@tartisannickel.com). Additional information about Tartisan Nickel Corp. can be found at the Company’s website at www.tartisannickel.com or on SEDAR at www.sedarplus.ca.

This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.

The Canadian Securities Exchange (operated by CNSX Markets Inc.) has neither approved nor disapproved of the contents of this press release.

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Altona Rare Earths plc (LSE: REE), the critical raw materials exploration and development company focused on Africa, is pleased to announce that it has applied for its ordinary shares to be admitted to trading on the OTCQB Venture Market in the United States ( ‘OTCQB’).

The Company has submitted its application for its ordinary shares to be quoted on the OTCQB Venture Market, a recognised US trading platform for established and developing companies. No new shares will be issued in connection with the OTCQB quotation, and admission remains subject to the approval of the OTCQB and the satisfaction of applicable listing requirements. The Company’s shares will continue to trade on the London Stock Exchange Main Market under the ticker ‘REE’.

Strategic Alignment with US Engagement

This application represents a natural and strategic step following the Company’s recent successful engagement with the US Trade and Development Agency (USTDA). As announced on 9 February 2026, Altona received confirmation of USTDA support for the Monte Muambe rare earths project, validating the project’s relevance to US critical mineral supply chains. The signature of the grant agreement is expected to be imminent.

Enhancing Visibility and Access

The Board believes that admission to trading on the OTCQB will:

  • Provide North American institutional and retail investors with the same convenience to invest as those in the UK
  • Increase the Company’s visibility among North American investors seeking exposure to critical minerals, particularly rare earths, as well as potential strategic partners
  • Enhance liquidity and broaden the Company’s shareholder base over time

The OTCQB’s reporting and listing requirements align closely with those of major non-US stock exchanges, making seamless access straightforward for London Stock Exchange Main Market companies such as Altona.

Next Steps

This application represents an initial but important step in a broader strategic alignment with US partners and investors and the Board will continue to develop and evaluate supporting growth strategies as it advances the Monte Muambe rare earths project through its next phases of development.

Cedric Simonet, CEO, commented: ‘Our application to trade on the OTCQB follows the positive outcome of our engagement with USTDA and reflects the growing strategic alignment between Altona, our Monte Muambe project and US critical mineral priorities. With this foundational step now complete, we believe the momentum is right to begin strategically positioning the Company towards the North American capital markets.’

To subscribe for RNS alerts, please visit: https://investors.altonare.com/

Altona Rare Earths Plc

Cédric Simonet, CEO +44 (0) 7778 866 108 (cs@altonare.com)

Louise Adrian, CFO +44 (0) 7721 492 922 (la@altonare.com)

Strand Hanson (Financial Adviser) +44 (0) 20 7409 3494
Christopher Raggett
Imogen Ellis

Zeus Capital (Corporate Broker) +44 (0) 20 3829 5000
Simon Johnson
James Hornigold

About Altona Rare Earths Plc

Altona Rare Earths Plc (ticker: REE) is a London Main Market-listed exploration and development company focused on unlocking the value of critical raw materials across Africa. The Company is pursuing a diversified strategy, targeting assets with potential for near-term monetisation alongside long-term growth.

The multi-commodity Monte Muambe Project in northwest Mozambique is a highly prospective tenement hosting rare earths, fluorspar, and gallium mineralisation. Since acquiring the project in June 2021, Altona has drilled over 7,800 metres, delivering a maiden JORC Mineral Resource Estimate of 13.6Mt at 2.42% TREO, secured a 25-year mining licence (granted December 2024), and published a Competent Person Report and scoping study for the rare earths component of the project (October 2023). The US Government, via USTDA, has announced its support to advance the rare earths project through the prefeasibility stage and a grant agreement is expected to be formalized in early 2026

In parallel, Altona is progressing plans to fast-track the development of high-grade fluorspar veins identified along the western and southern margins of Monte Muambe, with a targeted production of 50,000 tonnes per annum of acid-grade fluorspar over a minimum 12-year mine life. Acid-grade fluorspar is a key input in a wide range of applications, including hydrofluoric acid, lithium battery electrolyte production, and nuclear fuel refining, placing Altona in a strong position to supply this critical material.

The discovery of gallium mineralisation, with grades up to 550 g/t identified to date, adds further value to Monte Muambe. The Company has established that gallium will be concentrated in fluorspar production tailings and is assessing its possible recovery as a by-product of fluorspar.

Altona’s diversified portfolio also includes the Sesana Copper-Silver Project in Botswana, strategically located just 25 km from MMG’s Khoemacau Zone 5 copper-silver mine. Situated on a recognised regional contact zone for copper deposits, Sesana represents a compelling exploration opportunity aligned with Altona’s growth strategy.

With a unique combination of critical raw materials projects, Altona is well positioned to contribute to the global supply of highly sought commodities essential for clean energy, high technology, defence and industrial applications.

The Company and the Board remain actively focused on identifying and evaluating additional projects that align with our investment profile and strategic objectives, leveraging our extensive network and combined industry experience to uncover compelling opportunities that can drive long-term growth.

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USANewsGroup.com Market Intelligence Brief —

WHAT’S HAPPENING:

The infrastructure holding the global economy together is being stress-tested in real time:

  • Gold at $5,552 per ounce as central banks loaded another 755 tonnes into reserves [1]
  • The G7 issued formal guidance treating the quantum threat to current encryption as a ‘systemic concern’ [2]
  • The FDA cleared a record 295 AI-powered medical devices in a single calendar year [3]
  • The functional wellness category accelerating toward $179 billion as consumers reject legacy formats for precision delivery [4]

The common thread is structural replacement. Old systems are failing. New ones are being installed. This report profiles five companies positioned at the installation point.

THE ENCRYPTION UPGRADE — CSE: QSE / OTCQB: QSEGF

Quantum Secure Encryption Corp. (CSE: QSE) (OTCQB: QSEGF) builds the migration tools enterprises need to survive the quantum transition. The G7’s January 2026 guidance made it plain: current encryption is a systemic vulnerability, and organizations that wait will be caught exposed.

Earlier this month, QSE formalized its three-stage Enterprise Post-Quantum Migration Methodology, delivered through its Quantum Preparedness Assessment platform. The system provides a post-quantum compliancy dashboard with risk indicators mapped to compliance frameworks, guided data input workflows, and automated scoring. It integrates alongside existing cybersecurity architectures without wholesale system replacement.

The financial and infrastructure sectors are the primary targets. The methodology gives enterprises measurable indicators and visibility into where they stand, turning an abstract threat into a structured remediation plan.

Read this and more news for Quantum Secure Encryption Corp. at:

https://usanewsgroup.com/2024/04/26/the-currency-of-tomorrow-why-investing-in-cutting-edge-ai-recognition-tech-could-mean-big-money/

THE GOLD STANDARD — TSX: RUA,OTC:NZAUF / OTCQB: NZAUF

Rua Gold Inc. (TSX: RUA,OTC:NZAUF) (OTCQB: NZAUF) just uplisted to the Toronto Stock Exchange and closed an oversubscribed $25 million financing, giving the company ~C$38 million in available cash to drill across two gold projects in New Zealand.

The company’s recent outlook confirmed four drill rigs operating across the Reefton Goldfield, targeting resource expansion at Auld Creek and new discovery across the historic 2Moz past-producing district. RUA is targeting a Fast-Track mining permit referral in Q1 2026, with a regulatory decision expected in Q2. New Zealand just joined the international Minerals Security Partnership, aligning government policy with RUA’s development timeline.

The Reefton Goldfield carries gold-antimony mineralization. Antimony is classified as a critical mineral by multiple governments, adding a strategic dimension to the resource base. An updated NI 43-101 Technical Report is expected by month-end.

Read this and more news for Rua Gold Inc. at:

https://usanewsgroup.com/2025/04/02/others-found-1911-g-t-here-before-now-a-proven-11b-mining-team-is-back-to-finish-the-job/

THE DIAGNOSTIC SIGNAL — TSXV: VPT / OTCPK: VPTDF

VentriPoint Diagnostics (TSXV: VPT) (OTCPK: VPTDF) is commercializing AI-powered cardiac imaging that delivers MRI-grade heart chamber analysis from a standard ultrasound. The FDA cleared VMS+ 4.0 via 510(k) in February 2025, and the company has spent the last twelve months building the commercial infrastructure to scale it.

Recently, VentriPoint provided a corporate update confirming advancement across multiple fronts: U.S. go-to-market refinement, ongoing distributor alignment in Europe and the UK, integration discussions with ASCEND Cardiovascular, collaboration with the Ollie Hinkle Heart Foundation for system placements, and continued work with Lishman Global on China market entry. A shareholder videoconference is scheduled for later this month.

The 295 AI medical device clearances the FDA issued in 2025 confirm the regulatory environment is open. VentriPoint is building from that cleared position into clinical adoption.

Read this and more news for VentriPoint Diagnostics at:

https://usanewsgroup.com/2025/11/21/the-mri-grade-disruption-hiding-in-plain-sight-why-the-smart-money-is-watching-ventripoint

THE DELIVERY MECHANISM — CSE: MOOD / OTCPK: DOSEF

Doseology Sciences Inc. (CSE: MOOD) (OTCPK: DOSEF) is building precision oral delivery systems for the functional wellness category. The company appointed Larry Latowsky as Executive Chairman earlier this month. Latowsky previously served as President and CEO of Katz Group Canada, the parent of Rexall-Pharma Plus, IDA, and Guardian Drug stores, operating 1,500 pharmacy locations nationally before a ~C$3 billion acquisition by McKesson.

In late January, Doseology began pilot production of non-nicotine, caffeine-based energy pouches under its Feed That Brain brand. The pouch format delivers measured, portion-controlled energy without sugar, carbonation, or large-volume consumption. A direct-to-consumer launch is expected within weeks.

The $179 billion functional beverage rotation is real. Doseology is attacking it with a pharmacy-grade governance team and a delivery platform designed for precision, not intensity.

Read this and more news for Doseology Sciences Inc. at:

https://usanewsgroup.com/2025/12/19/what-comes-after-cigarettes-vapes-and-energy-drinks/

THE TERRITORIAL PLAY — CSE: GGR / OTCQB: GGRFF

Golden Goose Resources Corp. (CSE: GGR) (OTCQB: GGRFF) just expanded its investor access by listing on the OTCQB Venture Market under the symbol GGRFF. DTC eligibility is pending.

The company controls three exploration-stage gold projects across two jurisdictions: the Gran Esperanza Project (~44,000 hectares, Río Negro, Argentina), the Goldfire Project (4,680 hectares, Windfall Camp, Quebec, near Gold Fields’ Windfall deposit), and the El Quemado Project (46 mining concessions, ~58,000 hectares, Salta Province, Argentina).

With gold above $5,500, junior explorers with defined land packages in proven districts are the leverage play on the commodity cycle. The OTCQB listing gives U.S. investors a direct line.

Read this and more news for Golden Goose Resources Corp. at:

https://usanewsgroup.com/2026/01/28/two-gold-projects-two-major-neighbors-what-does-this-junior-know-that-the-market-doesnt/

CONTACT:
USA News Group
info@usanewsgroup.com
(604) 265-2873

DISCLAIMER:

Nothing in this publication should be considered as personalized financial advice. We are not licensed under securities laws to address your particular financial situation. No communication by our employees to you should be deemed as personalized financial advice. Please consult a licensed financial advisor before making any investment decision. This is a paid advertisement and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. USA News Group is a wholly-owned subsidiary of Market IQ Media Group, Inc. (MIQ). This article is being distributed for Baystreet.ca Media Corp. (BAY), who has been paid a fee for an advertising contract with Rua Gold Inc. (a fee for a three month contract subject to the terms and conditions of the agreement from the company direct) and Ventripoint Diagnostics Ltd. This article is also being distributed for Maynard Communications (MAY), who has been paid a fee for an advertising campaign for Doseology Sciences Inc. and Golden Goose Resources Corp. MIQ has been paid a fee for QSE – Quantum Secure Encryption Corp. advertising and digital media from the company directly. MIQ has not been paid a fee for Doseology Sciences Inc., Rua Gold Inc., Ventripoint Diagnostics Ltd., or Golden Goose Resources Corp. advertising or digital media, but the owner/operators of MIQ also co-owns BAY, and expects to be paid a fee from MAY. There may be 3rd parties who may have shares of these companies and may liquidate their shares which could have a negative effect on the price of the stock. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled companies. Because of this conflict, individuals are strongly encouraged to not use this publication as the basis for any investment decision. The owner/operator of MIQ/BAY owns shares of QSE – Quantum Secure Encryption Corp. (purchased via private placement), Doseology Sciences Inc. (purchased via private placement), Ventripoint Diagnostics Ltd., and Golden Goose Resources Corp. (purchased in the open market). They do not currently own shares of Rua Gold Inc. but reserve the right to buy and sell, and will buy and sell shares of all mentioned companies at any time without further notice. All material disseminated by MIQ has been approved by the mentioned companies. Technical information relating to Rua Gold Inc. has been reviewed and approved by Simon Henderson, CP, AUSIMM, a Qualified Person who is the COO of the company and therefore not independent. While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Because events and circumstances frequently do not occur as expected, there will likely be differences between any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful: investing in securities carries a high degree of risk; you may likely lose some or all of the investment.

SOURCES:

[1] J.P. Morgan Global Research, ‘Gold price predictions,’ February 2026 – https://www.jpmorgan.com/insights/global-research/commodities/gold-prices

[2] The Quantum Insider, ‘January 2026 Quantum Recap,’ February 2, 2026 – https://thequantuminsider.com/2026/02/02/january-2026-quantum-recap-quantum-moves-deeper-into-policy-and-manufacturing/

[3] Innolitics, ‘2025 Year in Review: AI/ML Medical Device 510(k) Clearances,’ December 28, 2025 – https://innolitics.com/articles/year-in-review-ai-ml-medical-device-k-clearances/

[4] GlobeNewsWire / Equity-Insider.com, ‘Functional Wellness Stocks Explode as $179 Billion Beverage Market Ditches Sugar for Science,’ January 29, 2026 – https://www.globenewswire.com/news-release/2026/01/29/3228948/0/en/Functional-Wellness-Stocks-Explode-as-179-Billion-Beverage-Market-Ditches-Sugar-for-Science.html

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Gilead Sciences (NASDAQ:GILD) will acquire cancer immunotherapy partner Arcellx (NASDAQ:ACLX) in a deal worth up to US$7.8 billion, moving to take full control of their jointly developed multiple myeloma therapy anito-cel as it seeks to expand its oncology pipeline.

The agreement, announced Monday (February 23), gives Gilead full control of an experimental multiple myeloma treatment the companies have been developing jointly. Gilead will pay US$115 per share in cash, plus a potential additional US$5 per share tied to future sales milestones.

The therapy, known as anitocabtagene autoleucel, or anito-cel, is a next-generation CAR-T treatment targeting multiple myeloma, a blood cancer that often returns after several rounds of therapy.

So far, clinical trials suggest anito-cel can deliver lasting responses, with side effects the company says are more manageable than those seen with some current CAR-T therapies.

The drug is currently under review by the US Food and Drug Administration (FDA) as a fourth-line treatment, with a decision expected by December 23, 2026. The filing is supported by results from a Phase 1 study and the pivotal Phase 2 iMMagine1 study.

The CVR would pay out if cumulative global net sales of anito-cel reach at least US$6.0 billion from launch through the end of 2029.

“This agreement reflects our conviction in the potential of anito-cel and our intention to move with speed so we can make the most of that potential for patients with multiple myeloma,” said Daniel O’Day, Chairman and Chief Executive Officer of Gilead Sciences.

“Beyond the potential launch this year, anito-cel could become a foundational treatment for multiple myeloma over time, including earlier lines of therapy.”

The deal also gives Gilead access to Arcellx’s proprietary D-Domain platform, a technology designed to improve how engineered immune cells recognize cancer targets. Gilead said this could support future work in cell therapies, including potential in vivo approaches.

The acquisition also marks the company’s largest deal since 2020 and continues a strategy of using partnerships to secure promising oncology assets. The company has been looking to expand its cancer portfolio as sales of its COVID-19 treatment decline and long-term patent expirations approach in its core HIV franchise.

Upon FDA approval of anito-cel, Gilead expects the transaction to be accretive to earnings per share in 2028 and thereafter.

Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.

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Faraday Copper (TSX:FDY,OTCQX:CPPKF) has signed a letter of intent (LOI) to acquire BHP’s (ASX:BHP,NYSE:BHP,LSE:BHP) historic San Manuel property, combining the two adjacent assets into a single US-focused copper district.

Under the deal, Faraday would acquire 100 percent of the San Manuel property. The site sits next to Faraday’s Copper Creek project in Pinal County, Arizona.

San Manuel includes the legacy San Manuel and Kalamazoo deposits, the former plant site, closed tailings facilities, and surrounding BHP-owned land, along with related mineral rights, quarries and associated assets.

The mine operated between 1955 and 1999 as one of the largest underground copper mines in the United States, producing more than 4.5 million metric tons of copper. Faraday would assume all environmental and closure liabilities tied to the property.

Copper Creek, located roughly 80 road kilometres northeast of Tucson and about 19 kilometres from San Manuel, is a 100 percent owned porphyry copper project with an updated mineral resource estimate and preliminary economic assessment released in 2023.

The deposit remains open in all directions and hosts both breccia-hosted and vein-style mineralization. Faraday says significant exploration upside remains, with less than 15 percent of known breccia occurrences drill tested.

The proposed consolidation would add approximately 27,000 acres of private land and access to existing regional infrastructure. Faraday has also outlined a staged development concept prioritizing copper cathode production, followed by open pit sulphides and later underground operations.

If completed, the transaction would see Faraday issue common shares to BHP equivalent to a 30 percent interest in the company on a fully diluted basis at closing. BHP would also receive customary investor rights so long as it maintains a minimum shareholding.

“This agreement provides the opportunity for a transformative acquisition as it looks to consolidate two adjacent and complementary assets in the heart of the Arizona copper corridor at a time when sourcing of critical minerals within the USA is essential,” CEO and president Paul Harbidge said.

“The combined project has the potential to become a multi-generational copper district delivering made-in-America copper, while providing significant economic opportunities to the local communities.”

For BHP, the deal would convert a legacy asset into a strategic equity position in a junior developer focused on US copper supply.

The LOI also includes a six-month exclusivity period and a financing participation clause under which BHP has agreed to subscribe for 30 percent of any Faraday equity raise over the next 24 months, up to US$20 million.

Separately, Faraday recently announced a non-brokered private placement of up to C$100 million, priced at C$4.20 per share.

Strategic investors, including the Lundin Family Trusts and BHP, intend to participate.

The proceeds are earmarked primarily for advancing copper projects in Pinal County, including expenses related to the planned San Manuel acquisition.

Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.

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(TheNewswire)

Angkor Resources Corp.

                   

GRANDE PRAIRIE, ALBERTA (February 24, 2026) TheNewswire – Angkor Resources Corp. (TSXV: ANK,OTC:ANKOF) (‘ANGKOR’ OR ‘THE COMPANY’) announces the completion of a trenching and sampling program at the CZ Gold Prospect in Ratanakiri Province, Cambodia.

 

As previously announced (see Angkor Resources ADVANCES EXPLORATION ON CZ GOLD AND WILD BOAR PROSPECTS, ANDONG MEAS LICENSE, CAMBODIA), the Company’s mineral exploration team initiated a large-scale trenching program at the CZ Gold Prospect, located on the west side of the Canada Wall prospect. The program is designed to determine the geology, structure and orientation of the quartz stockwork zone and its wall rocks, and to collect representative samples for analysis.

 

The trenching program consisted of twelve trenches excavated across the CZ Gold Prospect area. Each trench measured approximately five meters in length, two meters in width, and five meters in depth. Due to the steep slope and required depth of the trenches, the Company made the decision to utilize excavation equipment to safely and efficiently complete the program.

 


Click Image To View Full Size

Figure 1: The slope and depth of the trenches contributed to the decision of using equipment for the excavation program at the CZ Gold Prospect.

 

The excavation process involves digging each trench to the target depth, at which point Angkor’s field team entered the trench to collect samples directly from the exposed geology, including veining and stockwork visible in the trench walls. Once sampling was complete, the team exited the trench and all samples are marked, bagged, and prepared for testing and analysis on the surface. As soon as sampling was finished at each location, the trenches were filled in and the site was restored.

 


Click Image To View Full Size
                       

Figure 2: Angkor staff sorting sample material and preparing samples for sieving, analysis, and testing,

  

The Company collected 298 samples of veins, side walls, and cross sections from the twelve trenches. Each sample will be split into three parts for different methods of analysis: one part for panning in the creek adjacent to the prospect, one part for portable X-ray fluorescence (XRF) analysis, and one part for fire assay. This multi-method approach is intended to provide a comprehensive geochemical characterization of the stockwork zone and to evaluate gold content across the target area.

 

The Company completed sampling this weekend and has started several weeks of analysis of the samples before interpretation of the data can be completed.

  

QUALIFIED PERSON:

Dennis Ouellette, B.Sc., P.Geo., is a member of The Association of Professional Engineers and Geoscientists of Alberta (APEGA #104257) and a Qualified Person as defined by National Instrument 43-101 (‘NI 43-101’). He is the Company’s VP Exploration on site and has reviewed and approved the technical disclosure in this document.

ABOUT Angkor Resources CORPORATION:

Angkor Resources Corp. is a public company, listed on the TSX-Venture Exchange, and is a leading resource optimizer in Cambodia working towards mineral and energy solutions across Cambodia.  

The company’s mineral subsidiary, Angkor Gold Corp. in Cambodia holds two mineral exploration licenses in Cambodia with multiple prospects in copper and gold.  Both licenses are in their first two-year renewal term.    

Its Cambodian energy subsidiary, EnerCam Resources, was granted an onshore oil and gas license of 7300 square kilometres in the southwest quadrant of Cambodia called Block VIII.   The company then removed all parks and protected areas and added 220 square kilometres, making the license area just over 4095 square kilometres.  EnerCam is actively advancing oil and gas exploration activities onshore to meet its mission to prove Cambodia as an oil and gas producing Nation.  Having completed seismic in 2025 and identifying drill targets, the Company looks to advance to drilling Cambodia’s first onshore oil & gas exploratory wells in due course.  

CONTACT:   Delayne Weeks – CEO

Email:-   info@angkorresources.com   Website: angkorresources.com  

Telephone: +1 (780) 568-3801

Please follow @AngkorResources on , , , Instagram and .

 

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

_____________________________________

This release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as ‘intends’ or ‘anticipates’, or variations of such words and phrases or statements that certain actions, events or results ‘may’, ‘could’, ‘should’, ‘would’ or ‘occur’. This information and these statements, referred to herein as ‘forward‐looking statements’, are not historical facts, are made as of the date of this news release and include without limitation, statements regarding the anticipated benefits of new leadership expertise, and the Company’s plans to develop its resources and create shareholder value.

In making the forward-looking statements in this news release, the Company has applied certain material assumptions, including without limitation, that the Company will successfully advance the development of its resources and that such efforts will result in creating shareholder value.

These forward‐looking statements involve numerous risks and uncertainties, and actual results might differ materially from results suggested in any forward-looking statements. These risks and uncertainties include, among other things, that the Company will not advance the development of its resources and that the Company will not create shareholder value.

Copyright (c) 2026 TheNewswire – All rights reserved.

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TORONTO, ON / ACCESS Newswire / February 24, 2026 / NextSource Materials Inc. (‘NextSource‘ or the ‘Company‘) (TSX:NEXT,OTC:NSRCF) is pleased to announce that it has closed its previously announced brokered private placement offering (the ‘Offering‘) of units of the Company (the ‘Units‘) for aggregate gross proceeds of C$24,999,987, issuing 58,823,500 Units at a price of $0.425 per Unit.

The Offering was oversubscribed due to strong investor demand, with investor allocation capped by the final amount of C$24,999,987. Vision Blue Resources Ltd. (‘Vision Blue‘) purchased 27,944,464 Units under the Offering to maintain its pro rata ownership in the Company.

The net proceeds from the Offering are expected to be used to advance the UAE Battery Anode Facility, update the Molo technical report and for general corporate purposes as disclosed in the offering document.

Each Unit consists of one common share of the Company (a ‘Common Share‘) and one-half (½) of one Common Share purchase warrant of the Company (each whole warrant, a ‘Warrant‘). Each Warrant entitles the holder thereof to purchase one Common Share at an exercise price of C$0.55 per Common Share for a period beginning 61 days after the date hereof and expiring 36 months following the date hereof.

The Units distributed in connection with the Offering were issued and sold in accordance with the listed issuer financing exemption under Part 5A of National Instrument 45-106 – Prospectus Exemptions, as amended by Coordinated Blanket Order 45-935 – Exemptions from Certain Conditions of the Listed Issuer Financing Exemption (the ‘LIFE Exemption‘). A copy of the offering document related to the Offering is available to access under the Company’s issuer profile on SEDAR+ at www.sedarplus.ca and on the Company’s website at www.nextsourcematerials.com. In accordance with the LIFE Exemption, the Units issued in connection with the Offering are not subject to a hold period pursuant to applicable Canadian securities laws. The Offering is subject to final approval of the Toronto Stock Exchange.

The Offering was conducted on a ‘best-efforts’ basis by Stifel Canada, acting as lead agent and sole bookrunner, and Maxim Group LLC, as co-agent (the ‘Agents‘).

The participation of Vision Blue in the Offering constitutes a ‘related party transaction’ pursuant to Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (‘MI 61-101‘). The Company has determined that the transaction is exempt from the formal valuation and minority shareholder approval requirements of MI 61-101 by virtue of the exemptions contained in Sections 5.5(a) and 5.7(1)(a) of MI 61-101, as neither the fair market value of securities issued to Vision Blue nor the consideration paid by Vision Blue exceeded 25 percent of the Company’s market capitalization. The Company did not file a material change report in respect of the transaction 21 days in advance of closing of the Offering because Vision Blue’s participation had not been confirmed. The shorter period was necessary in order to permit the Company to close the Offering in a timeframe consistent with usual market practice for transactions of this nature.

The securities referred to in this news release have not been and will not be registered under the United States Securities Act of 1933, as amended (the ‘U.S. Securities Act‘), or any state securities laws and may not be offered or sold within the United States or to, or for the account or benefit of, ‘U.S. Persons’ (as such term is defined in Regulation S under the U.S. Securities Act) absent such registration or an applicable exemption from the registration requirements of the U.S. Securities Act. This news release does not constitute an offer for sale of securities, nor a solicitation for offers to buy any securities.

About NextSource Materials Inc.

NextSource Materials Inc. is a battery materials company based in Toronto, Canada that is intent on becoming a vertically integrated global supplier of battery materials through the mining and value-added processing of graphite and other minerals.

The Company’s Molo graphite project in Madagascar is one of the largest known and highest-quality graphite resources globally, and the only one with SuperFlake® graphite. The Molo mine has begun production through Phase 1 mine operations.

The Company is also developing a significant downstream graphite value-add business through the staged rollout of Battery Anode Facilities (BAF) capable of large-scale production of coated, spheronized and purified graphite for direct delivery to battery and automotive customers, in a fully transparent and traceable manner. The Company is now in the process of developing its first BAF in the UAE.

NextSource Materials is listed on the Toronto Stock Exchange under the symbol ‘NEXT’ and on the OTCQB under the symbol ‘NSRCF’.

For further information about NextSource Materials, please visit our website at www.nextsourcematerials.com or contact us at +1.416.364.4911 or email Brent Nykoliation, Executive Vice President at brent@nextsourcematerials.com.

Cautionary Note Regarding Forward-Looking Statements

This news release contains statements that may constitute ‘forward-looking information’ or ‘forward-looking statements’ within the meaning of applicable Canadian and United States securities legislation. Readers are cautioned not to place undue reliance on forward-looking information or statements. Forward looking statements and information are frequently characterized by words such as ‘plan’, ‘expect’, ‘project’, ‘intend’, ‘believe’, ‘anticipate’, ‘estimate’, ‘potential’, ‘possible’ and other similar words, or statements that certain events or conditions ‘may’, ‘will’, ‘could’, or ‘should’ occur. Forward- looking statements include any statements regarding,

among others: receipt of Toronto Stock Exchange approvals related to the Offering; and the intended use of proceeds from the Offering. These statements are based on current expectations, estimates and assumptions that involve a number of risks, which could cause actual results to vary and, in some instances, to differ materially from those anticipated by the Company and described in the forward-looking statements contained in this news release. No assurance can be given that any of the events anticipated by the forward-looking statements will transpire or occur or, if any of them do so, what benefits the Company will derive there from. The forward-looking statements contained in this news release are made as at the date of this news release and the Company does not undertake any obligation to update publicly or to revise any of the forward-looking statements, whether because of new information, future events or otherwise, except as may be required by applicable securities laws. Although the forward-looking statements contained in this news release are based on what management believes are reasonable assumptions, the Company cannot assure investors that actual results will be consistent with them. These forward-looking statements are made as of the date of this news release and are expressly qualified in their entirety by this cautionary statement.

SOURCE: NextSource Materials Inc.

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Forte Minerals Corp. (‘Forte’ or the ‘Company’) (CSE: CUAU,OTC:FOMNF) (OTCQB: FOMNF) (Frankfurt: 2OA) a Canadian copper and gold exploration company focused on Peru, is pleased to announce that it will exhibit at the Prospectors & Developers Association of Canada (‘PDAC’) Convention 2026, taking place March 1–4, 2026 at the Metro Toronto Convention Centre in Toronto.

Visit Forte Minerals Corp at Booth 2736 in the Investors Exchange (South Building).

PDAC is the world’s premier mineral exploration and mining convention, attracting more than 27,000 participants from over 125 countries, including institutional investors, mining executives, government representatives, analysts, and technical professionals.

Alto Ruri Gold Project: High Sulfidation Epithermal System in Peru

The Alto Ruri Gold Project is located approximately 15 kilometres south of Barrick Gold’s Pierina Mine, which is currently in its closure and reclamation phase following more than two decades of production.

Pierina demonstrated the presence of a robust high-sulfidation epithermal gold system within Peru’s Cordillera Negra belt. Alto Ruri shares similar geological characteristics, including vuggy silica and advanced argillic alteration, supporting the potential for a preserved epithermal system within the same regional corridor.

The Alto Ruri Gold Project comprises approximately 4,700 hectares of wholly owned mineral concessions situated within Peru’s prolific Miocene Tertiary Volcanic Arc, host to multiple world-class gold and copper deposits.

Initial drilling by Compañía de Minas Buenaventura in 1997 included 12 shallow drill holes totaling 2,254.5 metres. (Refer to the Company’s news release – March 4th, 2024).

The most significant intercept from Hole 001-97 returned

  • 131 metres grading 2.55 g/t gold from surface, including
  • 54 metres grading 5.39 g/t gold

These results were re-assayed in 2011, confirming the presence of a well-developed high-sulfidation epithermal system associated with vuggy silica and advanced argillic alteration.

True widths remain undetermined, and modern confirmation drilling is planned as part of the Company’s systematic advancement strategy.

The Alto Ruri Gold Project represents a modern re-evaluation opportunity within a proven Andean gold district that has not undergone comprehensive exploration in nearly three decades.

Forte Minerals Alto Ruri Gold Project

Figure 1 The Alto Ruri Gold Project is located 15 kilometres south of Barrick’s Pierina Mine in Peru’s Cordillera Negra

Forte Minerals Leadership at PDAC 2026

Senior leadership from Forte Minerals Corp. will be present at Booth 2736 throughout PDAC 2026, including:

Patrick Elliott, MSc. MBA Chief Executive Officer and Director. An economic geologist and capital markets strategist with over 20 years of experience in the mineral exploration sector. Mr. Elliott has a proven track record of identifying high-value assets and raising the necessary capital to scale junior explorers across the Americas. He was instrumental in the early-stage development of major discoveries, including Zafranal (Teck) and Stibnite Gold (Perpetua).

Manuel Montoya, P.Geo, General Manager, Peru: A veteran geologist with 36+ years of experience in global project generation and strategic exploration. Mr. Montoya previously led Teck’s exploration efforts across South America and is widely credited with the discovery of the Zafranal Cu-Au deposit in Peru. His technical expertise spans a diverse range of deposit types, including high-sulfidation epithermal systems, porphyries, and skarns.                                  

Patrick Elliott, Chief Executive Officer and Director of Forte Minerals Corp, commented:    

                                           Patrick Elliott, Forte Minerals

‘We are focused on the Alto Ruri Gold Project and the significant re-evaluation opportunity it presents.

Backed by two major strategic partners, we are positioned to advance this high-sulfidation system thoughtfully and systematically.

With gold near all-time highs, PDAC is the ideal venue to share our story with a new wave of investors and outline our next phase of exploration in Peru.’

Qualified Person and NI 43-101 Disclosure

Richard Osmond, P.Geo., an Independent Director, is the Company’s Qualified Person (‘Qualified Person’) as defined by National Instrument 43-101. He has reviewed and approved the technical information contained in this news release.

About Forte Minerals

Forte Minerals Corp. is a well-funded exploration company with a strong portfolio of high-quality copper and gold assets in Peru. Through a strategic partnership with GlobeTrotters Resources Perú S.A.C., the Company gains access to a rich pipeline of historically drilled, high-impact targets across premier Andean mineral belts. The Company is committed to responsible resource development that generates long-term value for shareholders, communities, and partners.

On behalf of Forte Minerals Corp.

(signed) ‘Patrick Elliott
Patrick Elliott, MSc, MBA, PGeo
President & Chief Executive OfficerT: (604) 983-8847

Investor Inquiries
Kevin Guichon, IR & Capital Markets
E: kguichon@forteminerals.com
C: (604) 612-0997
Media Contact
Anna Dalaire, VP Corporate Development
E: adalaire@forteminerals.com
info@forteminerals.com
www.forteminerals.com
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Certain statements included in this press release constitute forward-looking information or statements (collectively, ‘forward-looking statements’), including those identified by the expressions ‘anticipate’, ‘believe’, ‘plan’, ‘estimate’, ‘expect’, ‘intend’, ‘may’, ‘should’ and similar expressions to the extent they relate to the Company or its management. The forward-looking statements are not historical facts but reflect current expectations regarding future results or events. This press release contains forward looking statements relating to the intended use of proceeds of the Strategic Placement. These forward-looking statements and information reflect management’s current beliefs and are based on assumptions made by and information currently available to the Company with respect to the matter described in this press release. Forward-looking statements involve risks and uncertainties, which are based on current expectations as of the date of this release and subject to known and unknown risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. Additional information about these assumptions and risks and uncertainties is contained under ‘Risk Factors and Uncertainties’ in the Company’s latest management’s discussion and analysis, which is available under the Company’s SEDAR+ profile at www.sedarplus.ca, and in other filings that the Company has made and may make with applicable securities authorities in the future.

Forward-looking statements are not a guarantee of future performance and involve risks, uncertainties and assumptions which are difficult to predict. Factors that could cause the actual results to differ materially from those in forward-looking statements include the continued availability of capital and financing, and general economic, market or business conditions. Forward-looking statements contained in this press release are expressly qualified by this cautionary statement. These statements should not be read as guarantees of future performance or results. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those implied by such statements. Although such statements are based on management’s reasonable assumptions, there can be no assurance that the statements will prove to be accurate or that management’s expectations or estimates of future developments, circumstances or results will materialize. The Company assumes no responsibility to update or revise forward-looking information or statements to reflect new events or circumstances unless required by law. Readers should not place undue reliance on the Company’s forward-looking statements.

Neither the Canadian Securities Exchange (the ‘CSE’) nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

Photos accompanying this announcement are available at

https://www.globenewswire.com/NewsRoom/AttachmentNg/3dc98d3f-6818-4e65-9eda-55a4ebd3a405

https://www.globenewswire.com/NewsRoom/AttachmentNg/b0f95451-b6b1-48d2-aeb0-18f0588e2dbe

 

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Brazil and India have signed a new agreement to deepen cooperation on rare earths and critical minerals, as both countries seek to strengthen supply chains and reduce reliance on trading partners.

The non-binding memorandum of understanding, sealed Saturday (February 21) during Brazilian President Luiz Inácio Lula da Silva’s state visit to India, establishes a framework for collaboration on reciprocal investment, exploration, and mining.

“Increasing investments and cooperation in matters of renewable energy and critical minerals is at the core of a pioneering agreement that we have signed today,” Lula told journalists.

Rare earth elements are essential inputs for a range of advanced technologies, including smartphones, electric vehicles, solar panels and jet engines. Brazil holds the world’s second-largest reserves of rare earth minerals, giving it strategic importance as governments look to diversify supply chains.

Despite this, China still maintains roughly 70 percent of global rare earth mining and an even stronger position in processing. Countries across the Global South and industrialized economies alike have stepped up efforts to secure alternative sources of supply.

India, like Brazil, is a founding member of the expanded BRICS+ bloc of developing nations, and both governments have emphasized the need to build stronger South-South partnerships.

Brazil’s push to elevate rare earths in its diplomatic agenda gained momentum last year amid tensions with the US. Last year, US President Donald Trump imposed a 50 percent tariff on Brazilian exports in connection with the trial of former President Jair Bolsonaro, an ally of Trump.

The US later removed most of the tariffs and lifted sanctions imposed on the judge overseeing the case.

The Brazil-India accord also continues an ongoing global scramble for critical minerals.

Since last year, the US has signed agreements with Japan and Australia aimed at securing supplies of rare earths, lithium, cobalt, and nickel, with an emphasis on building processing capacity outside China.

For Brazil, the deal with India could serve as a testing ground ahead of potential negotiations with larger powers. Lula is expected to visit Washington in the coming months.

Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.

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